The late 1960s marked Friedman’s rise as Hayek’s influence faded.

Evidence

By the end of the de cade he was wrestling with personal depression and diminished productivity that further distanced him from the intellectual communities he had helped create. Friedman, on the other hand, was on the verge of a rapid personal and professional ascent. In the half de cade after his remarks at the Quadrangle Club dinner, his reputation as an economist would be solidifi ed with the publication of A Monetary History of the United States, 1867– 1960 (cowritten with Anna Schwartz) and election to the presidency of the American Economic Association, and his pop u lar profi le would dramatically expand with the publication of a bestselling book and a prominent advisory role in the Goldwater campaign. He had grown into a leadership position within the Mont Pèlerin Society as well. — Angus Burgin, The Great Persuasion, 388

Categorization

• XREF: Manages the reader’s interest in the MPS: a concrete identity-transfer moment at the society’s leadership level. — connects to: Friedman’s rise marked a shift from Hayekian sensibility to a public-facing rhetorical mode — Angus Burgin, The Great Persuasion: Reinventing Free…, 385; Postwar economics expansion made neoliberalism appear outdated and marginal. — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 291

Broader Connections

• Postwar economics expansion made neoliberalism appear outdated and marginal. #qualifies (0.72) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 291